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RE: Steemit Crypto Academy Contest / S13W6 - Leverage in cryptocurrencies.
Hi friend. I agree with you:
"...the greater loss that one can experience if a trade or investment doesn't go in the desired direction."
One wrong move with high leverage and we will be left with a very bad feeling when we see that the market went in the opposite direction. Without a doubt, leverages should be used very carefully. I wish you success in the contest!
"...the greater loss that one can experience if a trade or investment doesn't go in the desired direction."
One wrong move with high leverage and we will be left with a very bad feeling when we see that the market went in the opposite direction. Without a doubt, leverages should be used very carefully. I wish you success in the contest!
Feeling bad about loss is a part of human psychology but when risk reward management system is proper , we are likely to come out of it immediately.
Thank you